ALLEGED N8.7B FRAUD: MALAMI’S BANKERS FILED SUSPICIOUS REPORTS ON HIS TRANSACTIONS-WITNESS. (PHOTO). #PRESS RELEASE.

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Alleged N8.7b Fraud: Malami’s Bankers Filed Suspicious Reports on his Transactions-Witness The Fourth Prosecution Witness, PW4, in the trial of the former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on Wednesday, May 13, 2026, told Justice Joyce Abdulmalik of the Federal High Court, Maitama, Abuja, that Zenith Bank Plc, where the former AGF had account, filed Suspicious Transaction Report, STR, in respect of his transactions. The Economic and Financial Crimes Commission, EFCC, is prosecuting Malami alongside his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami, on amended 16-count charge, bordering on conspiracy, procuring, disguising, concealing and laundering proceeds of unlawful activities to the tune of N8,713,923,759.49 (Eight Billion, Seven Hundred and Thirteen Million, Nine Hundred and Twenty-Three Thousand, Seven Hundred and Fifty-Nine Naira, Forty-Nine Kobo), contrary to the provisions of the Money Laundering (Prevention and Pro...

NLC TO HOLD A NATION-WIDE STRIKE ON MONDAY IN ABUJA,TO KICK AGAINST THE 45% INCREASE IN ELECTRICITY TARRIFS.

                According to Premium times,the Nigeria Labour Congress,Trade Union Congress,and civil society allies say they will hold a protest on monday against the 45 percent increase in electricity tariffs announced by the Nigeria Electricity Regulatory Commission.The protest will hold monday,February 8,in Abuja and across the nation,the labour groups announced in a statement today thursday.The statement signed by Ayuba Wabba,the NLC president said ''It is  a nation wide protest,meaning that the 36 states of the Federation including Abuja will be involved in this action.Our members have been sufficiently mobilized and are ready to go.If you are an electricity consumer and you are not happy with the bills electricity companies serve you every month,you are invited to join this protest rally.Indeed,rather than see reason with Nigerians,the Minister of Power,Works and Housing has been advancing spurious argument in justification''.He said the Abuja rally will start at Labour House,Central Business District at 8:00am before moving to the NERC head office at Adamawa Plaza,Plot 10999,First Avenue,off Shuhu Shagari way,Central Business District.From the NERC office,the rally will roll to the Abuja Electricity Distribution Company at zone .The rally will mobilise from there to the National Assembly.The labour groups said the protest rally became necessary after all effort to make NERC shelve the idea of increase failed.One more photo below.                                                                                                                                                      

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